Moovit co-founder and CEO Nir Erez said the company will use the funds to expand its global sales team and enhance its consumer products to support user growth.

“Moovit expects to surpass 1 billion users by 2021 and to expand significantly the number of cities that use Moovit’s data analytics to improve urban mobility,” Erez said, adding that the company plans to collaborate with Mobileye, which was acquired last year by Intel for $15.3 billion.

Shashua said the combination of Mobileye’s and Moovit’s technology and data “will be instrumental in making cities ready for autonomous vehicles.”